Unfortunately, we won’t ever see $.02, IMO. By my calculation MAXM no longer has the muscle to drop it that low. MAXM was throwing 300,000 and 500,000 shares blocks and they were getting cannibalized in seconds.
The bottom has been set. Dilution
is running out and most importantly, momo has arrived. With near term catalysts on the horizon (days, not weeks), smart players know as quickly as this cratered, it can very easily slingshot in the other direction.
But you all are the traders and have a better bead on the near term game, so you never know.
GLTY.
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